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SHIB Burns’ 95.55% Collapse Fails to Stop This Bullish Development: Details

2025-07-16 11:21:36

SHIB Burns’ 95.55% Collapse Fails to Stop This Bullish Development: Details

Main Idea

Despite a significant drop in SHIB burn rate, the SHIB community continues to burn millions of coins, and a new Shiba Alpha Layer block explorer has been launched in beta.

Key Points

1. SHIB burn rate collapsed by 95.55%, but 46,451,929 SHIB were still burned and moved to dead wallets.

2. In the past 24 hours, 180,292 SHIB were burned, marking an 87.60% decrease.

3. The Shiba Alpha Layer block explorer was launched in beta, designed specifically for Shiba Inu’s Layer 3 infrastructure.

4. The new block explorer offers real-time access and is currently open for public testing and feedback.

Description

SHIB burn rate crashes hard, but here’s a big silver lining

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Shiba Inu